Acura labs inc. has an outstanding issue of preferred stock with a par value of $4040 and an 88% annual dividend. a. what is the annual dollar dividend? if it is paid quarterly, how much will be paid each quarter? b. if the preferred stock is noncumulative and the board of directors has passed the preferred dividend for the last 33 quarters, how much must be paid to preferred stockholders in the current quarter before dividends are paid to common stockholders? c. if the preferred stock is cumulative and the board of directors has passed the preferred dividend for the last 33 quarters, how much must be paid to preferred stockholders in the current quarter before dividends are paid to common stockholders?

When selecting stock, some financial experts recommend to look at the opening price go with what you know examine the day’s range, earnings per share, and p/e ratio divide the dividend by the asking price

Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations? a. $484,359 b. $521,173 c. $584,653 d. $560,748 e. $487,805

Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.